Ryan Murphy Is Getting Paid an Insane Amount to Jump from Fox to Netflix

Ryan Murphy signs one of the biggest deals ever made for a TV producer

By
Shabana Arif

Glee and American Horror Story creator Ryan Murphy has signed a five year deal with Netflix, reported to be worth $300 million, which will come into effect when his contract with 20th Century Fox expires on July 1.

Anonymous sources disclosed the value of the deal to the New York Times, and if accurate, it will be among the biggest deals ever made for a TV producer.

Netflix has already picked up Murphy's The Politician and One Flew Over the Cuckoo's Nest prequel, Ratched. Meanwhile, Murphy's current line-up at Fox - including American Horror Story, American Crime Story, and Feud - will continue to air on FX.

“Ryan Murphy’s series have influenced the global cultural zeitgeist, reinvented genres and changed the course of television history," said Ted Sarandos, Chief Content Officer at Netflix.

"His unfaltering dedication to excellence and to give voice to the underrepresented, to showcase a unique perspective or just to shock the hell out of us, permeates his genre-shattering work... we look forward to supporting Ryan in bringing his broad and diverse stories to the world.”

"The history of this moment is not lost on me," Murphy added. "I am a gay kid from Indiana who moved to Hollywood in 1989 with $55 dollars in savings in my pocket, so the fact that my dreams have crystallized and come true in such a major way is emotional and overwhelming to me."